In terms of the MoU, the parties have agreed to establish a framework for the two organisations to work together towards the promotion of arbitration as a means for the peaceful settlement of international disputes.
A Memorandum of Understanding (MoU) was concluded on Wednesday between the Bangladesh International Arbitration Centre (BIAC) and the Energy Disputes Arbitration Center (EDAC) of Turkey.
In terms of the MoU, the parties have agreed to establish a framework for the two organisations to work together towards the promotion of arbitration as a means for the peaceful settlement of international disputes, reads a press release.
Pursuant to the MoU, the parties will be able to exchange information and publications of mutual interest in the field of ADR and organise seminars, webinars, symposia, workshops, conferences, awareness and training programmes relating to ADR and provide facilities and support towards resolution of arbitration cases.
During the online signing ceremony, the MoU was signed by the Chief Executive Officer of BIAC Kaiser A Chowdhury and the Chairman of EDAC Suleyman BOSCA on behalf of their respective organisations.
Kaiser A Chowdhury, chief executive officer of BIAC delivered his welcome address and Suleyman BOSCA, chairman, EDAC delivered his closing remarks in the signing ceremony.
Mahbuba Rahman, general manager, Rubaiya Ehsan Karishma, counsel, Priyanka Roy, assistant counsel and Khushnuma Khan, assistant counsel from BIAC and Ece DAYIOGLU, vice secretary general, Alper Ener, vice secretary general, Salih CAYIR, coordinator from EDAC were present in the event.
Link:
https://www.dhakatribune.com/business/2022/09/08/biac-and-edac-sign-mou
